Math

StatisticsModern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)Hotel Price Comparison. Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least expensive hotel rooms. You have narrowed your choices to Atlanta and Houston. The file named Hotel contains samples of prices for rooms in Atlanta and Houston that are consistent with a SmartMoney survey conducted by Smith Travel Research. Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $20 in Atlanta and $25 in Houston. Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston?BuyFind*launch*

6th Edition

David R. Anderson + 4 others

Publisher: Cengage Learning

ISBN: 9781337115186

Chapter 10.1, Problem 6E

Textbook Problem

Hotel Price Comparison. Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least expensive hotel rooms. You have narrowed your choices to Atlanta and Houston. The file named *Hotel* contains samples of prices for rooms in Atlanta and Houston that are consistent with a *SmartMoney* survey conducted by Smith Travel Research. Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $20 in Atlanta and $25 in Houston. Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston?

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

Ch. 10.1 - The following results come from two independent...Ch. 10.1 - 2. Consider the following hypothesis test.
The...Ch. 10.1 - 3. Consider the following hypothesis test.
The...Ch. 10.1 - 4. Condé Nast Traveler conducts an annual survey...Ch. 10.1 - 5. The USA Today reports that the average...Ch. 10.1 - Hotel Price Comparison. Suppose that you are...Ch. 10.1 - Consumer Reports uses a survey of readers to...Ch. 10.1 - Increases in Customer Satisfaction. Will improving...Ch. 10.2 - The following results are for independent random...Ch. 10.2 - Consider the following hypothesis test:
The...

Ch. 10.2 - Consider the following data for two independent...Ch. 10.2 - Miles Driven Per Day. The U.S. Department of...Ch. 10.2 - Annual Cost of College. The increasing annual cost...Ch. 10.2 - Are nursing salaries in Tampa, Florida, lower than...Ch. 10.2 - Hotel prices worldwide are projected to increase...Ch. 10.2 - Effect of Parents’ Education on Student SAT...Ch. 10.2 - Comparing Financial Consultant Ratings....Ch. 10.2 - Researchers at Purdue University and Wichita State...Ch. 10.3 - Consider the following hypothesis test.
The...Ch. 10.3 - The following data are from matched samples taken...Ch. 10.3 - Television Commercials and Product Purchase...Ch. 10.3 - The price per share of stock for a sample of 25...Ch. 10.3 - Credit Card Expenditures. Bank of America’s...Ch. 10.3 - Domestic Airfare. The Global Business Travel...Ch. 10.3 - SAT Scores. The College Board SAT college entrance...Ch. 10.3 - PGA Tour Scores. Scores in the first and fourth...Ch. 10.3 - Price Comparison of Smoothie Blenders. A personal...Ch. 10.4 - Consider the following results for independent...Ch. 10.4 - Consider the hypothesis test
The following...Ch. 10.4 - Corporate Hiring Outlook. A Businessweek/Harris...Ch. 10.4 - Impact of Pinterest on Purchase Decisions. Forbes...Ch. 10.4 - Mislabeled Fish. Researchers with Oceana, a group...Ch. 10.4 - Minnesota had the highest turnout rate of any...Ch. 10.4 - Oil wells are expensive to drill, and dry wells...Ch. 10.4 - In a test of the quality of two television...Ch. 10.4 - Winter visitors are extremely important to the...Ch. 10.4 - Gender Differences in Raise or Promotion...Ch. 10 - Supermarket Checkout Lane Design. Safegate Foods,...Ch. 10 - SUV Lease Payments. Statista reports that the...Ch. 10 - Load Versus No-Load Mutal Funds. Mutual funds are...Ch. 10 - Kitchen Versus Bedroom Remodeling Costs. The...Ch. 10 - Effect of Siblings on SAT Scores. In Born...Ch. 10 - Country Financial, a financial services company,...Ch. 10 - Differences in Insurance Claims Based on Marital...Ch. 10 - Medical tests were conducted to learn about...Ch. 10 - News Access Via Computer. The American Press...Ch. 10 - For the week ended January 15, 2009, the bullish...

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